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this also includes two wars, one in iraq and one in afghanistan and keep in mind, this, of course, was post-9/11. nothing, though, compares to the bush tax cuts have had on the federal budget. how does this compare to barack obama? well, we're looking at projected spending here from 2009 all the way to 2017. there is president obama's health care package, obama care, $152 billion there. discretion nair extendy tear, stimulus tax cuts, just over $425 billion and barack obama had his own stimulus package, just over $700 billion. let's look at the two grand totals here. president bush, a grand total of over $5 billion, president obama about $1.5 trillion. what this says is, yes, both presidents spent a lot of money over a long period of time but this crisis has been years in the making. >> that's one of the criticisms that many on washington have been receiving. we saw this coming. >> now it's time for a spot of weather and it's not looking like a great weekend for us in asia. in fact, if winds were howling around our building. i believe it has a lot do with the tropical storm system that
this also includes two wars, one in iraq and one in afghanistan and keep in mind, this, of course, was post-9/11. nothing, though, compares to the bush tax cuts have had on the federal budget. how does this compare to barack obama? well, we're looking at projected spending here from 2009 all the way to 2017. there is president obama's health care package, obama care, $152 billion there. discretion nair extendy tear, stimulus tax cuts, just over $425 billion and barack obama had his own stimulus...
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wages in iraq and afghanistan it's all just a murder for hire by the oil industry to keep the price of gas down to keep the man on the street calm and subdued but the lives coming off the cattle and now the gas prices are going to be six seven eight nine ten dollars a gallon like it is in europe and then we'll start to see some real action but that's baked into the cake as i said before that's not nothing that anyone can do is going to stop this because the post world war two era of adding debt to finance growth climax in two thousand and seven no amount of dead can stimulate any growth to pay this debt because the economy's reached at saturation and no amount of additional debt in this is all the plan that obama and boehner are putting forward is to restructure the debt or add to the debt that's not going to create enough growth to pay down the debt therefore it's so facto as night follows day this downward spiral of u.s. bonds u.s. credit rating in the u.s. economy is is not going to be interrupted by anyone or any policy and not familiar saying that i washington a third of a periphe
wages in iraq and afghanistan it's all just a murder for hire by the oil industry to keep the price of gas down to keep the man on the street calm and subdued but the lives coming off the cattle and now the gas prices are going to be six seven eight nine ten dollars a gallon like it is in europe and then we'll start to see some real action but that's baked into the cake as i said before that's not nothing that anyone can do is going to stop this because the post world war two era of adding debt...
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airstrikes in afghanistan iraq pakistan somalia libya i lose count of all the countries whether you believe or not that our national security absolutely totally demands that we keep bases and more than half of the countries on this planet whether you vote democrat or republican or not at all it does seem like it's time to face the facts that we can afford to keep separating the fiscal crisis from or worse i mean in what world does it make sense to keep spending so much money on defense when economy seems to be on the brink of collapse and that's a question my next guest has been asking and answering former u.s. congresswoman and presidential candidate cynthia mckinney stopped by our new york studios earlier today because part of that interview. before we get to these florida wars i really want to turn to the one right here in the nation's capital neither your former colleagues here what the heck is going on. that's what the american people are asking is well i am on a nationwide tour we've been to about fourteen cities we have. probably half that left to go to to visit and people are asking
airstrikes in afghanistan iraq pakistan somalia libya i lose count of all the countries whether you believe or not that our national security absolutely totally demands that we keep bases and more than half of the countries on this planet whether you vote democrat or republican or not at all it does seem like it's time to face the facts that we can afford to keep separating the fiscal crisis from or worse i mean in what world does it make sense to keep spending so much money on defense when...
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Jul 29, 2011
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. >> reporter: 21-year-old naser abdo didn't want to fight in afghanistan but sources say he was more than willing to cause bloodshed at home. after being arrested he told officers he "wanted to get even with the military" military and chose ft. hood because of the 2009 attack where major nadal hasan allegedly killed 13 and wounded 30. he told them his plan was to set off two bombs then shoot any survivors. police say the attack was imminent. >> we would probably be here today giving you a different briefing had he not been stopped. >> reporter: greg ebert is the man would stopped him. a former marine and police officer who works at this killeen gun store. he got suspicious when abdo arrived in a cab on tuesday then bought six pounds of gunpowder, three boxes of shotgun ammunition and a magazine for a semiautomatic pistol. he paid $250 in cash. >> if somebody comes in, especially into a business like this, and makes a purchase and doesn't know what he's buying, i'd be concerned about that. >> reporter: concerned enough to call police, who the next day searched the soldier's room at th
. >> reporter: 21-year-old naser abdo didn't want to fight in afghanistan but sources say he was more than willing to cause bloodshed at home. after being arrested he told officers he "wanted to get even with the military" military and chose ft. hood because of the 2009 attack where major nadal hasan allegedly killed 13 and wounded 30. he told them his plan was to set off two bombs then shoot any survivors. police say the attack was imminent. >> we would probably be here...
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Jul 29, 2011
07/11
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had he meant discretionary powers and when i see on the one hand ordering a young soldier to go to afghanistan, to fight for our country, and the next day that same family receives an order of deportation for the wife, there's something fundamentally, morally wrong with our broken immigration system. so i was there to say, mr. president, use your discretionary power against those immigrants that aren't criminals, against those criminals -- against those immigrants in this country that you know need your help. when you see a marriage and there's an american citizen, help them out. when you see young students who came here when they were 3, 4, 5 years old and they are 18 or 19 and in school and doing well, say you'll defer action. what we want to do is have a balanced approach. 1 million deportations, he made a commitment to the immigrant nation that he would allow people to come out of the shadows. that it was wrong to rip a child from a mother's arms, that's what he said when he received the nomination in denver. >> do you feel the same thing with same-sex marriages when they are facing immigr
had he meant discretionary powers and when i see on the one hand ordering a young soldier to go to afghanistan, to fight for our country, and the next day that same family receives an order of deportation for the wife, there's something fundamentally, morally wrong with our broken immigration system. so i was there to say, mr. president, use your discretionary power against those immigrants that aren't criminals, against those criminals -- against those immigrants in this country that you know...
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Jul 29, 2011
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he made headlines in 2009 refusing to deploy to afghanistan. >> i don't want to get deployed because i believe i can't both deploy and be a muslim. >> abdo was facing court-martial on child pornography charges when he went awol from fort campbell, kentucky. they alerted police that he had been actly suspiciously. hasan bought weapons before his alleged shooting spree. they think he planned the attack alone and they're no longer in danger. >> we today would have been giving you a different briefing. >> the gun store clerk that tipped off police, former marine and police officer ebert, that guy there live will join us a few minutes from now. he's the guy responsible for turning him in. beach goers are enjoying the surf as don makes landfall in texas. it's expected to make landfall in corpus krsy area later tonight or tomorrow morning. they are welcoming this store with open arms. don is expected to bring much needed rain to that state. community out in force looking for a missing 11-year-old girl. she was reported missing from her northern new hampshire home tuesday morning. now, polic
he made headlines in 2009 refusing to deploy to afghanistan. >> i don't want to get deployed because i believe i can't both deploy and be a muslim. >> abdo was facing court-martial on child pornography charges when he went awol from fort campbell, kentucky. they alerted police that he had been actly suspiciously. hasan bought weapons before his alleged shooting spree. they think he planned the attack alone and they're no longer in danger. >> we today would have been giving you...
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Jul 29, 2011
07/11
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every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speak
every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked...
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Jul 29, 2011
07/11
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40% of the cuts are completely counterfeit. 1 trillion of harry reid's cuts come from drawing down in afghanistan and in iraq. and while were all like to end these conflicts as soon as we possibly can, and with success, harry reid's saving assuming the cost of the war our endeavor. woman already start to draw down in both of these regions. it's almost like saying that we will save trillions of dollars by promising not to invade canada. it's never going to happen. i can't support any plan that begins with the assumption that we have to raise the debt limit and yet doesn't offer a fundamental restructuring of government spending habits. i won't do it. and while i embrace the principles of cut, cap and balance, the bill simply did not go far enough to fundamentally restructure the way that this city stands the american people's money. and it allowed for an increase in the debt limit, something i simply won't do. i also believe that we must repeal and defund obamnicare as part of any solution to our current debt crisis. by? because obamacare is the largest spending and entitlement program ever passed
40% of the cuts are completely counterfeit. 1 trillion of harry reid's cuts come from drawing down in afghanistan and in iraq. and while were all like to end these conflicts as soon as we possibly can, and with success, harry reid's saving assuming the cost of the war our endeavor. woman already start to draw down in both of these regions. it's almost like saying that we will save trillions of dollars by promising not to invade canada. it's never going to happen. i can't support any plan that...
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Jul 29, 2011
07/11
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it says that, imagine that we're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a better idea. our debt is $14 trillion. let's come up with a new plan to spend $14 trillion, then rescind it the next day and let's save $14 trillion. this stuff is fiscal fantasy. you can't make this stuff up, mr. speaker. suggesting that we're going to be in a war at these levels for 10 more years when everybody knows we've already decided not to do that, that does not get us $1.3 trillion in spending cuts. only in washington can you add up math like that. we need real spending cuts. i yield myself an additional minute to say, this is getting serious, mr. speaker. very serious. we can't
it says that, imagine that we're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a...
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Jul 29, 2011
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is the $2.4 trillion cut includes money that has not yet been spent but was budgeted on the iraq and afghanistan wars and a number of things conservatives will say don't add up to significant real spending cuts. the concern for conservatives is as this bill moves forward other things will be tacked onto it once the house has to vote on it and they do a final conference on this bill, it's possible you could see things snuck in there that would lead to revenue increases as well. lots of speculation about what this bill would look like says time has run out. it's time for everybody to stand and vote for his bill. we'll see where this goes from here. this is a big development in many sways that was push by what we saw last night. and it brought us to this stage of the game. let's listen to that sound bite we had from harry reid, then we'll talk more about this. >> the republican plan is not a solution. as experts say, all too soon we would be back in the midst of partisan rankling with our economy once again held prisoner by extremists in the republican party led by the tea party. martha: he's calli
is the $2.4 trillion cut includes money that has not yet been spent but was budgeted on the iraq and afghanistan wars and a number of things conservatives will say don't add up to significant real spending cuts. the concern for conservatives is as this bill moves forward other things will be tacked onto it once the house has to vote on it and they do a final conference on this bill, it's possible you could see things snuck in there that would lead to revenue increases as well. lots of...
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Jul 29, 2011
07/11
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senate say to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you lost a limb or you were injured and we will compensate you for that loss for the rest of your life. we need in making that commitment that we're also making a commitment to borrow the money necessary to do it. so periodically a president will come to congress and say, i understand our obligations which you have sent to me and i have approved, and now i ask you to extend my authority to borrow the money to meet those obligations. that has happened 89 times since 1939. since we passed this law, presidents of both parties have come to congress and asked for that authority. and aceman as i mentioned, not d congress
senate say to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you...
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Jul 29, 2011
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right now we borrow $10 billion every month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and inastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recogn
right now we borrow $10 billion every month for military operations in afghanistan alone to prop up a corrupt and incoetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was...
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Jul 29, 2011
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afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al qaeda. we have been over there losing american lives and spending american taxpayer dollars to protect our country from another 9/11. to say that we're going to cut $1 trillion in the future over the next ten years when we aren't placing the emphasis on what are the conditions on the ground is not sound policy and it's certainly not sound national security policy. so that's illusory. and then the other parts of the cuts that i think are very hard to decipher are cutting waste, fraud and abuse, which we all want to do, but we don'
afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al...